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in the context of the spread of
coronavirus.
Business surveys. Against the backdrop of
16 25
the coronavirus pandemic, Russia’s composite
12 20 PMI
322
21.05.2020
opportunities for NPFs and IFs and to mitigate adverse consequences of the coronavirus pandemic for financial market participants. The regulator’s instructions have been approved
in economic
and the expansion of refinancing programmes, activity induced by the coronavirus pandemic.
primarily those covering SME loans. In addition, The growth of organisations
12 of the measures aiming to combat the spread of
10 the coronavirus infection. Moreover, demand for
8 services declined as households increased their
6
325
19.05.2020
the progress of the measures aimed at mitigating the impact of the coronavirus pandemic on Russia’s financial sector, economy and people.
The broadcast of
from the
coronavirus pandemic than from atypical pneumonia (SARS, 2003) and the Middle East
respiratory syndrome (MERS, 2015).
The spread of the coronavirus and steps
327
15.05.2020
an economic recovery. Its paces will be determined by the spread of coronavirus and potential negative secondary effects from anti-pandemic restrictions.
The Bank of Russia
328
14.05.2020
relaxations for credit institutions were introduced, related to the spread of the coronavirus infection. The relaxations were intended to ensure banks retain their potential to
329
14.05.2020
country had to address in early 2020 in the context of spreading coronavirus and unfavourable external economic factors. According to Elvira Nabiullina, a key result
activity in the Russian economy caused by plummeting
external demand amid the coronavirus pandemic. Industrial output shrank, primarily due to a reduction
in mining production